PowerMyLearning and Cy Pres Funding
Cy Pres is a doctrine that permits a court to award any unallocated, unclaimed, or undeliverable funds from a class action settlement or judgment to a non-profit organization.
As a nonprofit organization serving low-income families and high-poverty communities across the country, PowerMyLearning is eligible to receive Cy Pres funding.
PowerMyLearning provides low-income families with the computers, software, and technology training that they need to help their children succeed academically and to become good digital citizens. We address community inequality by partnering with high-poverty schools to provide critical professional development and family engagement services that strengthen the learning relationships among students, teachers, and families. We also serve hundreds of thousands of individuals in all 50 states through our K-12 learning platform, PowerMyLearning Connect, in use in more than 40% of public schools nationwide. Click here to read more about our impact.
We have proven to be sound stewards of Cy Pres funding. Since our founding in 1997, we have received Cy Pres funding totaling more than $4.8 million dollars from the following five cases:
- Warnow v. Register.com (2005)
- In re ATI Tech. HDCP Litigation (2010)
- In re Static Random Access Memory Antitrust Litigation (2011)
- In re Dynamic Access Memory Antitrust Litigation (2012)
- Hageman v. AT&T Mobility LLC (2015)